December 2011
Intermediate to advanced
208 pages
3h 14m
English
To time the markets using technical analysis of economic data, you must first understand how to develop a system, how to test it for reliability, and how to utilize it in the future. Systems are a set of rules with specific variables. One moving average system, for example, is a system in which the price crosses a moving average to give a buy or sell signal. It has one variable: the length of the average. In a moving average system, you could have additional requirements. For example, you could require that the price cross the moving average by a certain percentage to get a signal. This is called a “filtered” moving average system. Your system now has two variables: the moving average length and the percentage filter.
What ...